Bitcoin Tracker One ETN Offers Liquidity to European Investors
Financial disruption from the inside. Regulation makes it impossible today for most institutional investors to invest in Bitcoin. However, there are many new players trying to circumvent regulatory boundaries, or innovate from inside, instead of trying to change the regulations altogether. Innovation, instead of regulatory change, is a faster, cheaper....
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A product has just been launched which enables Swiss investors who expect a positive development in the Bitcoin price to trade transparently on the SIX Swiss Exchange for the first time. This is from the Swiss bank Vontobel who manage and monitor a client’s assets entrusted to it. It also observes the financial markets and interprets global macroeconomic developments, as it becomes the first Swiss issuer of a tracker certificate on Bitcoins for subscription. The Vontobel certificate on Bitcoin in USD is a classic tracker certificate (SSPA: 1300) which offers investors a simple means of....
Bringing Bitcoin to major financial exchanges has proven to be quite fruitful for the adoption of virtual currency. Various Bitcoin ETF’s are in the process of launching on Nasdaq, but the European counterpart — called Nasdaq Nordic — might beat them to the punch. If XBT Provider has a say in the matter, they will launch Bitcoin Tracker EUR on Nasdaq....
Last month Bitcoin Magazine reported that Bitcoin Tracker One, the first Bitcoin-based security available on a regulated exchange, started trading on Nasdaq Stockholm. Now, Bitcoin Tracker One, a product launched by the Swedish company XBT Provider AB, is available to investors in 179 countries via Interactive Brokers. Bitcoin Tracker One is an "Exchange Traded Note" (ETN) designed to provide investors with convenient access to the returns of the underlying asset, U. S. dollar (USD) per bitcoin, less investor fees. The average dollar exchange rate of bitcoin from the exchanges Bitfinex,....
Zurich-based private and investment banking firm Vontobel has become the first Swiss issuer to offer a tracker certificate on bitcoin. Global private and investment banking institution Vontobel will become the first Swiss issuer to offer a bitcoin tracker certificate for subscription. Based on a classic tracker certificate (SSPA: 1300), the newly announced certificate on Bitcoin in USD will enable investors with a more streamlined, efficient way to invest in bitcoin. For the first time, investors in Switzerland can participate in bitcoin price development against the USD, as a result of....
Bitcoin firm XBT Provider AB has announced the launch of Bitcoin Tracker EUR which is a Bitcoin-based security denominated in Euro and it will be available for trading on Nasdaq Nordic on October 5th, 2015. The product has been designed with the aim to provide investors with convenient access to the returns of the underlying asset, U. S. dollar per coin and lesser investor fees. Sweden's financial supervisory authority Finansinspektionen has approved the prospectus of Bitcoin Tracker EUR's. Expressing happiness over the development, Alexander Marsh, Chief Executive Officer of XBT Provider....